The Florida Senate

237.181  School funds to be paid to Treasurer or into depository.--

(1)  Every tax collector, or other person having moneys which by law go to any district school fund shall at least once each month pay the same over to the depository or depositories designated by the school board for such purpose, and shall provide the school board with a duplicate of the deposit slip. Every officer having moneys which by law go to any state school fund, shall pay the same to the Treasurer of the state, and the Treasurer shall see that these moneys are deposited to the credit of the proper state school fund.

(2)  The school board shall have the authority to designate that funds due it be placed for investment for its account with the State Board of Administration rather than be deposited, and the school board may direct those persons having moneys due it or due any state school fund to pay out such funds to the State Board of Administration to make authorized investments for its account.

History.--s. 1088, ch. 19355, 1939; CGL 1940 Supp. 892(407); s. 1, ch. 69-300; s. 167, ch. 72-221; s. 2, ch. 82-57.

Note.--Former s. 237.30.